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Updated over 5 years ago on . Most recent reply

User Stats

19
Posts
6
Votes
Christian Bateman
  • Bremerton, WA
6
Votes |
19
Posts

Owner Occupied Loan on Tenant Occupied Property

Christian Bateman
  • Bremerton, WA
Posted

Hi All,

I'm wondering if anyone has dealt with owner-occupied loans on tenant occupied properties? How does this work? I understand you have to honor a lease agreement when you purchase a property, but does this also mean you can only get owner-occupied loans on properties that are vacant? Assuming the renters aren't month-to-month.

Any help is appreciated. Thanks!

Christian

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